5975 Peacock Ridge Rd, Rancho Palos Verdes, CA 90275
About this home
Location location location!! Rarely does an opportunity like this come along. Well maintained apartment building in prime Rancho Palos Verdes. Incredible coastline/city views from many units. Most unit rents are under market and can be raised easily. Rarely do apartment buildings like this come available in PV, so take a look at this one. Pride of ownership location. Units are individually metered for electric except the studio. Roof was replaced in 2000, building is copper plumbed. Entire exterior of building will be painted shortly, owner has got it scheduled, so if you see something going on when driving by, your clients will know.
Multi-familyProperty Type
1972Year Built
0.31 acresLot Size
$347Price/Sq.Ft.
17 car garageParking
Listed by Chuck Bennett•DRE #00918000• Estate Properties
Bought with Cynthia Jolley•DRE #01389290• Berkshire Hathaway HomeServices California Properties
Source:CRMLS #V08073474
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Location location location!! Rarely does an opportunity like this come along. Well maintained apartment building in prime Rancho Palos Verdes. Incredible coastline/city views from many units. Most unit rents are under market and can be raised easily. Rarely do apartment buildings like this come available in PV, so take a look at this one. Pride of ownership location. Units are individually metered for electric except the studio. Roof was replaced in 2000, building is copper plumbed. Entire exterior of building will be painted shortly, owner has got it scheduled, so if you see something going on when driving by, your clients will know.
Public Records
Aug 11, 1999
Sold
$2,350,000
$136/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$86,594 (+5.1%)
$4,167,931 + $3,187,240
$7,355,171
2024
$82,382 (+1.3%)
$4,167,931 + $3,187,240
$7,355,171
2023
$81,293 (+5.3%)
$4,086,207 + $3,124,746
$7,210,953
2022
$77,221 (−0.6%)
$4,006,086 + $3,063,477
$7,069,563
2021
$77,675 (+1.4%)
$3,927,536 + $3,003,409
$6,930,945
2020
$76,640 (+3.1%)
$3,850,526 + $2,944,519
$6,795,045
2019
$74,334 (+0.5%)
$3,811,044 + $2,914,327
$6,725,371
2018
$73,946 (+2.1%)
$3,736,318 + $2,857,184
$6,593,502
2017
$72,441 (+2.9%)
$3,591,233 + $2,746,237
$6,337,470
2016
$70,380 (+0.6%)
$3,591,233 + $2,746,237
$6,337,470
2015
$69,960 (+17.9%)
$3,520,817 + $2,692,390
$6,213,207
2014
$59,336 (+1.7%)
$2,783,816 + $2,311,092
$5,094,908
2012
$58,352 (+3.4%)
$2,771,235 + $2,300,648
$5,071,883
2011
$56,447 (+0.3%)
$2,716,898 + $2,255,538
$4,972,436
2010
$56,288 (+1.6%)
$2,663,626 + $2,211,312
$4,874,938
2009
$55,398 (+68.4%)
$2,643,719 + $2,194,786
$4,838,505
2008
$32,892
$2,650,000 + $2,200,000
$4,850,000
Tax history for 5975 Peacock Ridge Rd
Year
Property tax
Land + Additions
Assessment*
2025
$86,594 (+5.1%)
$4,167,931 + $3,187,240
$7,355,171
2024
$82,382 (+1.3%)
$4,167,931 + $3,187,240
$7,355,171
2023
$81,293 (+5.3%)
$4,086,207 + $3,124,746
$7,210,953
2022
$77,221 (−0.6%)
$4,006,086 + $3,063,477
$7,069,563
2021
$77,675 (+1.4%)
$3,927,536 + $3,003,409
$6,930,945
2020
$76,640 (+3.1%)
$3,850,526 + $2,944,519
$6,795,045
2019
$74,334 (+0.5%)
$3,811,044 + $2,914,327
$6,725,371
2018
$73,946 (+2.1%)
$3,736,318 + $2,857,184
$6,593,502
2017
$72,441 (+2.9%)
$3,591,233 + $2,746,237
$6,337,470
2016
$70,380 (+0.6%)
$3,591,233 + $2,746,237
$6,337,470
2015
$69,960 (+17.9%)
$3,520,817 + $2,692,390
$6,213,207
2014
$59,336 (+1.7%)
$2,783,816 + $2,311,092
$5,094,908
2012
$58,352 (+3.4%)
$2,771,235 + $2,300,648
$5,071,883
2011
$56,447 (+0.3%)
$2,716,898 + $2,255,538
$4,972,436
2010
$56,288 (+1.6%)
$2,663,626 + $2,211,312
$4,874,938
2009
$55,398 (+68.4%)
$2,643,719 + $2,194,786
$4,838,505
2008
$32,892
$2,650,000 + $2,200,000
$4,850,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
RM-22
Multiple-Family Residential zone
The purpose of the multiple-family residential districts (RM) is to provide for residential structures on lots containing one or more dwelling units at various densities which are consistent with the general plan of the city, and to provide for other uses that are associated and compatible with the residential uses.
Permitted uses
Include but are not limited to:
Day care facility
Housing-Single unit
Housing-Multiple units
Recreation
Apr 2, 2009 • Final
Multifamily
Electrical
Kitchen
Plumbing
Remodel
Apr 1, 2009 • Final
Multifamily
Remodel a kitchen including plumbing and electrical work.
Electrical
Kitchen
Plumbing
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Exterior
Property Information
Subdivision Name: 31751
Building Sq. Ft: 17,291
# of Units: 16
Legal Description: TRACT NO 31751 LOT 1
Lot Information
# of Buildings: 1
Land Sq. Ft: 13,574
Legal Lot Number: 1
Municipality Name: RANCHO P V
Acres: 0.3116
Zoning Code: RPRM2000*
County Use Description: APARTMENT
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 26
Baths: 26.0
Sq. Ft.: 17,291
Stories: —
Lot Size: 0.31 acres
Style: Multi-Family (5+ Unit)
Year Built: 1972
Year Renovated: 1972
County: Los Angeles County
APN: 7587007001
Home facts updated by county records on Aug 28, 2026
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